May 29, 2024
1 min read

India, France to begin talks on Rs 50,000 crore Rafale Marine deal

The Indian side would include members from the defence acquisition wing and the Indian Navy….reports Asian Lite News

In a significant development, contract negotiations between the governments of India and France in the over Rs 50,000 crore deal for 26 Rafale Marine fighter jets is scheduled to begin on May 30 with the arrival of a high-level French team here.

The French side would meet with Indian Defence Ministry counterparts to begin official negotiations in the fighter jet deal for the Indian Navy under which aircraft would be operated from both aircraft carriers operated by the force, defence industry officials said.

The French team will include officials from their defence ministry and industry including original equipment manufacturers Dassault Aviation and Thales, the officials said.

The Indian side would include members from the defence acquisition wing and the Indian Navy.

Sources in the government said that they would try to complete negotiations with France and sign the agreement by the end of this financial year.

France had submitted its response to India’s tender for buying 26 Rafale Marine jets for the Indian Navy’s aircraft carriers – INS Vikrant and INS Vikramaditya in December itself.

The response to India’s Letter of Acceptance had been submitted by France in New Delhi.

The Indian side has carried out a detailed study of the French bid for the Indian deal including the commercial offer or price for the aircraft, along with other details of the contract, they said.

India will now go in for tough negotiations in the deal with French government officials, as it is a government-to-government contract. (ANI)

ALSO READ: ‘Modi misleading people in name of religion for power’

Previous Story

India announces $1 mn relief aid for Papua New Guinea

Next Story

‘Kohli a Global Sporting Superstar’

Latest from -Top News

Uyghurs Face ‘More Repression, No Relief’

CFU stressed that, instead of addressing the UN’s recommendations, Beijing has escalated its repression…reports Asian Lite News On August 31, 2025, Campaign for Uyghurs (CFU) marked the third anniversary of the United

Afghan Quake Toll Hits 1,457

More than 6,700 homes have been destroyed due to earthquake as international aid agencies struggle to reach people in remote areas…reports Asian Lite News The death toll from the powerful earthquake that

Xi, Putin, Kim conspiring against US, says Trump

Trump accused Xi of “conspiring against” America after hosting Putin and Kim at Beijing’s largest military parade….reports Asian Lite News US President Donald Trump unleashed a sharp rebuke at Chinese President Xi

India, UAE chase $100b trade dream

India and the UAE reaffirmed their CEPA partnership, setting a $100 billion non-oil trade target by 2030, with strong focus on energy, food, healthcare, and technology….reports Asian Lite News India and the
Go toTop

Don't Miss

Prez urges people to not let the guard down against Covid

He also said that at the beginning of this year,

Pak’s role in sustaining Hamas remains off the radar

Geopolitical expert Fabien Baussart says the ideological fount from which